TOFT-LARSEN HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TOFT-LARSEN HOLDING A/S
TOFT-LARSEN HOLDING A/S (CVR number: 28710224) is a company from KØBENHAVN. The company recorded a gross profit of 808.5 kDKK in 2023. The operating profit was 303.3 kDKK, while net earnings were 13.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent and Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 96.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TOFT-LARSEN HOLDING A/S's liquidity measured by quick ratio was 13.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1 306.89 | -1 200.48 | - 941.77 | - 790.65 | 808.54 |
EBIT | - 895.75 | -1 775.23 | -1 499.10 | -1 362.18 | 303.28 |
Net earnings | 1 067.45 | 5 469.86 | - 501.20 | -14 305.55 | 13 870.86 |
Shareholders equity total | 226 378.36 | 228 848.23 | 228 347.02 | 208 948.96 | 222 819.82 |
Balance sheet total (assets) | 237 661.68 | 241 873.54 | 250 316.71 | 233 585.33 | 229 971.94 |
Net debt | -98 226.20 | -97 938.82 | -96 184.25 | -72 689.33 | -81 730.67 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.2 % | 5.5 % | 1.4 % | 2.8 % | 6.2 % |
ROE | 0.5 % | 2.4 % | -0.2 % | -6.5 % | 6.4 % |
ROI | 1.8 % | 3.4 % | 1.2 % | 2.6 % | 6.2 % |
Economic value added (EVA) | -1 313.50 | -1 055.49 | -1 440.85 | -1 138.28 | 603.68 |
Solvency | |||||
Equity ratio | 95.3 % | 94.6 % | 91.2 % | 89.5 % | 96.9 % |
Gearing | 4.7 % | 4.4 % | 6.9 % | 10.2 % | 2.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.7 | 8.6 | 5.5 | 4.2 | 13.8 |
Current ratio | 9.7 | 8.6 | 5.5 | 4.2 | 13.8 |
Cash and cash equivalents | 108 951.18 | 107 995.38 | 111 891.50 | 93 946.33 | 88 104.46 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | A | AAA |
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